{"id":887,"date":"2018-07-18T09:00:40","date_gmt":"2018-07-18T03:30:40","guid":{"rendered":"http:\/\/capitalante.com\/?p=887"},"modified":"2020-04-25T17:51:38","modified_gmt":"2020-04-25T12:21:38","slug":"fundamental-analysis-of-pidilite-industries-step-by-step","status":"publish","type":"post","link":"https:\/\/capitalante.com\/fundamental-analysis-of-pidilite-industries-step-by-step\/","title":{"rendered":"Fundamental Analysis of Pidilite Industries Step by Step"},"content":{"rendered":"<p><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\"><strong>Pidilite Industries-<\/strong> Incorporated in the year 1969. It is a Large Cap company (having a market cap of Rs 54383.95 Crore) operates in the Chemicals sector. Pidilite Industries is an Indian-based adhesive manufacturing company. It also sells art material, construction chemicals, and other industrial chemicals. Pidilite produces some famous products like\u201cFevicol\u201d, &#8220;Fevikwik&#8221;,\u00a0\u201c<em>Dr.Fixit\u201d<\/em>, \u201c<em>M-seal\u201d, \u201c<\/em>Roff\u201d, \u201cC<em>yclo\u201d<\/em>, \u201c<em>Hobby Ideas\u201d, \u201cAcron\u201d, and \u201cRanipal\u201d.\u00a0<\/em><span style=\"font-family: georgia, palatino, serif;\">Here is the detailed fundamental analysis of Pidilite Industries.<\/span><\/span><\/p>\n<ul>\n<li><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">Read also:<span style=\"color: #ff0000;\"> <a style=\"color: #ff0000;\" href=\"https:\/\/infimoney.com\/pidilite-industries-fundamental-analysis-a-strong-bond\/\" target=\"_blank\" rel=\"noopener noreferrer\">Pidilite Industries Fundamental Analysis: A Strong Bond<\/a><\/span><\/span><\/li>\n<li><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">Read also:<span style=\"color: #ff0000;\"> <a style=\"color: #ff0000;\" href=\"https:\/\/www.sanasecurities.com\/pidilite-industries-equity-research\/\" target=\"_blank\" rel=\"noopener noreferrer\">Fundamental analysis-Pidilite Industries Limited-Equity research report<\/a><\/span><\/span><\/li>\n<\/ul>\n<h6 style=\"text-align: center;\"><span style=\"color: #0000ff;\"><strong><span style=\"font-family: georgia, palatino, serif; font-size: 14pt;\">Fundamental analysis of Pidilite Industries<\/span><\/strong><\/span><\/h6>\n<table style=\"border-collapse: collapse; width: 100%;\" border=\"1\">\n<tbody>\n<tr style=\"height: 50px;\">\n<td style=\"width: 50%; text-align: center; height: 50px;\" width=\"410\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\"><strong>Fundamental Points<\/strong><\/span><\/td>\n<td style=\"width: 50%; text-align: center; height: 50px;\" width=\"410\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\"><strong>Numbers<\/strong><\/span><\/td>\n<\/tr>\n<tr style=\"height: 50px;\">\n<td style=\"width: 50%; text-align: center; height: 50px;\" width=\"410\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\"><strong>Market cap<\/strong><\/span><\/td>\n<td style=\"width: 50%; text-align: center; height: 50px;\" width=\"410\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">53724 Crore\u00a0<\/span><\/td>\n<\/tr>\n<tr style=\"height: 50px;\">\n<td style=\"width: 50%; text-align: center; height: 50px;\" width=\"410\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\"><strong>Debt: Equity ratio<\/strong><\/span><\/td>\n<td style=\"width: 50%; text-align: center; height: 50px;\" width=\"410\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">0.00<\/span><\/td>\n<\/tr>\n<tr style=\"height: 50px;\">\n<td style=\"width: 50%; text-align: center; height: 50px;\" width=\"410\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\"><strong>Compounded sales growth<\/strong><\/span><\/td>\n<td style=\"width: 50%; text-align: center; height: 50px;\" width=\"410\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">14.14%<\/span><\/td>\n<\/tr>\n<tr style=\"height: 50px;\">\n<td style=\"width: 50%; text-align: center; height: 50px;\" width=\"410\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\"><strong>Compounded profit growth<\/strong><\/span><\/td>\n<td style=\"width: 50%; text-align: center; height: 50px;\" width=\"410\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">19.66%<\/span><\/td>\n<\/tr>\n<tr style=\"height: 50px;\">\n<td style=\"width: 50%; text-align: center; height: 50px;\" width=\"410\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\"><strong>Return on equity<\/strong><\/span><\/td>\n<td style=\"width: 50%; text-align: center; height: 50px;\" width=\"410\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">27.61%<\/span><\/td>\n<\/tr>\n<tr style=\"height: 50px;\">\n<td style=\"width: 50%; text-align: center; height: 50px;\" width=\"410\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\"><strong>P\/E<\/strong><\/span><\/td>\n<td style=\"width: 50%; text-align: center; height: 50px;\" width=\"410\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">\u00a055.61<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\"><strong>Annual Results [Consolidated Figure in Rs. Crores]<\/strong><\/span><\/p>\n<table style=\"border-collapse: collapse; width: 100%;\" border=\"1\">\n<tbody>\n<tr style=\"height: 50px;\">\n<td style=\"width: 16.6667%; height: 50px; text-align: center;\"><\/td>\n<td style=\"width: 16.6667%; height: 50px; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\"><strong>2014<\/strong><\/span><\/td>\n<td style=\"width: 16.6667%; height: 50px; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\"><strong>2015<\/strong><\/span><\/td>\n<td style=\"width: 16.6667%; height: 50px; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\"><strong>2016<\/strong><\/span><\/td>\n<td style=\"width: 16.6667%; height: 50px; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\"><strong>2017<\/strong><\/span><\/td>\n<td style=\"width: 16.6667%; height: 50px; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\"><strong>2018<\/strong><\/span><\/td>\n<\/tr>\n<tr style=\"height: 50px;\">\n<td style=\"width: 16.6667%; height: 50px; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">Sales<\/span><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">4,283.20<\/span><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">4,844.10<\/span><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">5,361.17<\/span><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">5,616.79<\/span><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">6078.41<\/span><\/td>\n<\/tr>\n<tr style=\"height: 50px;\">\n<td style=\"width: 16.6667%; height: 50px; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">Expenses<\/span><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">3,618.24<\/span><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">4,078.26<\/span><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">4,187.69<\/span><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">4,357.00<\/span><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">4737.19<\/span><\/td>\n<\/tr>\n<tr style=\"height: 84px;\">\n<td style=\"width: 16.6667%; height: 84px; text-align: center;\"><strong><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">Operating Profit<\/span><\/strong><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><strong><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">664.96<\/span><\/strong><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><strong><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">765.84<\/span><\/strong><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><strong><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">1,173.48<\/span><\/strong><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><strong><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">1,259.79<\/span><\/strong><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><strong><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">1341.22<\/span><\/strong><\/td>\n<\/tr>\n<tr style=\"height: 50px;\">\n<td style=\"width: 16.6667%; height: 50px; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">Other Income<\/span><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">44.86<\/span><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">45.49<\/span><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">81.03<\/span><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">117.55<\/span><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">153<\/span><\/td>\n<\/tr>\n<tr style=\"height: 50px;\">\n<td style=\"width: 16.6667%; height: 50px; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">Interest<\/span><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">16.33<\/span><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">15.64<\/span><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">13.27<\/span><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">13.93<\/span><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">15.54<\/span><\/td>\n<\/tr>\n<tr style=\"height: 50px;\">\n<td style=\"width: 16.6667%; height: 50px; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">Depreciation<\/span><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">81.16<\/span><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">117.76<\/span><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">100.47<\/span><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">115.14<\/span><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">119.88<\/span><\/td>\n<\/tr>\n<tr style=\"height: 84px;\">\n<td style=\"width: 16.6667%; height: 84px; text-align: center;\"><strong><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">Profit Before Tax<\/span><\/strong><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><strong><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">612.33<\/span><\/strong><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><strong><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">677.93<\/span><\/strong><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><strong><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">1,140.77<\/span><\/strong><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><strong><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">1,248.27<\/span><\/strong><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><strong><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">1358.8<\/span><\/strong><\/td>\n<\/tr>\n<tr style=\"height: 50px;\">\n<td style=\"width: 16.6667%; height: 50px; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">Tax<\/span><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">165.28<\/span><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">169.41<\/span><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">333.54<\/span><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">385.05<\/span><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">392.71<\/span><\/td>\n<\/tr>\n<tr style=\"height: 50px;\">\n<td style=\"width: 16.6667%; height: 50px; text-align: center;\"><strong><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">Net Profit<\/span><\/strong><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><strong><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">449.81<\/span><\/strong><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><strong><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">512.57<\/span><\/strong><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><strong><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">802.83<\/span><\/strong><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><strong><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">859.99<\/span><\/strong><\/td>\n<td style=\"width: 16.6667%; text-align: center;\"><strong><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">966.09<\/span><\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<ul>\n<li><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">Read also:\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"http:\/\/capitalante.com\/fundamental-analysis-of-apl-apollo-tubes-ltd-step-by-step\/\" target=\"_blank\" rel=\"noopener noreferrer\">Fundamental Analysis of APL Apollo Tubes Ltd Step by Step<\/a><\/span><\/span><\/li>\n<li><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #000000;\">Read also: <span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"http:\/\/capitalante.com\/fundamental-analysis-of-titan-company-step-by-step\/\" target=\"_blank\" rel=\"noopener noreferrer\">Fundamental Analysis of Titan Company Step by Step<\/a><\/span><\/span><\/li>\n<\/ul>\n<p><span style=\"font-family: georgia, palatino, serif; font-size: 14pt; color: #0000ff;\">If you have found any question regarding this feel free to comment so that we have a discussion. If you have found this post helpful feel free to share with your loved ones.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pidilite Industries- Incorporated in the year 1969. It is a Large Cap company (having a market cap of Rs 54383.95 Crore) operates in the Chemicals sector. Pidilite Industries is an Indian-based adhesive manufacturing company. It also sells art material, construction &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Fundamental Analysis of Pidilite Industries Step by Step\" class=\"read-more button\" href=\"https:\/\/capitalante.com\/fundamental-analysis-of-pidilite-industries-step-by-step\/#more-887\">Continue Reading<span class=\"screen-reader-text\">Fundamental Analysis of Pidilite Industries Step by Step<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":1318,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[12],"tags":[],"_links":{"self":[{"href":"https:\/\/capitalante.com\/wp-json\/wp\/v2\/posts\/887"}],"collection":[{"href":"https:\/\/capitalante.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/capitalante.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/capitalante.com\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/capitalante.com\/wp-json\/wp\/v2\/comments?post=887"}],"version-history":[{"count":0,"href":"https:\/\/capitalante.com\/wp-json\/wp\/v2\/posts\/887\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/capitalante.com\/wp-json\/wp\/v2\/media\/1318"}],"wp:attachment":[{"href":"https:\/\/capitalante.com\/wp-json\/wp\/v2\/media?parent=887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/capitalante.com\/wp-json\/wp\/v2\/categories?post=887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/capitalante.com\/wp-json\/wp\/v2\/tags?post=887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}